Bijnis is a B2B commerce platform that connects footwear manufacturers, retailers, and component suppliers through a digital ID system, enabling factories to showcase their profiles and manage operations efficiently. The platform addresses the challenges of limited market reach and distribution control by facilitating direct sales to a nationwide network of buyers, improving margins and operational effectiveness.
Funding
$43.2M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
WCFounders
Product
Problem
Manufacturers in unorganized sectors often face challenges in reaching a broad customer base, managing distribution effectively, and securing favorable payment terms, which limits their growth potential. They also lack efficient tools to manage factory operations, access working capital, and explore export opportunities.
Solution
Bijnis offers a B2B commerce platform that connects manufacturers with a nationwide network of retailers, providing them with a digital ID to showcase their factory profiles and manage operations. The platform enables manufacturers to sell directly to retailers, improving margins and control over distribution, while also providing access to financial institutions for working capital. Bijnis streamlines factory management with tools for inventory, cash flow, production, and wage management, and facilitates exports, enabling factories to expand their reach globally.
Target Audience
The primary target audience includes manufacturers in unorganized sectors such as footwear and apparel, and retailers looking to source products directly from factories.
Features
- Digital ID creation for factories to showcase profiles to potential buyers
- Access to a nationwide network of retailers and buyers
- Tools for managing inventory, cash flow, production, and wages
- Facilitation of working capital access through connections with financial institutions
- Seamless channel for direct exports to international buyers
- Mobile applications for both factory owners (Bijnis Factory App) and retailers (Bijnis Buyer App)